Question

Find the compound interest on ₹1000 at the rate of 20% per annum for 18 months when the interest is compounded half-yearly​

Answer 1

Answer:

p= RS. 1000

r= 20%= 0.20

t= 18 m = 18÷12 = 1.5 years

Sl= prt

= 1000×0.20×1.5

= Rs. 300

Answer 2

Answer:

given

p=rs.1000

r=20%=20/100=0.20

t=18m=18/12=1.5years

sl=prt

=1000×0.20×1.5

=300